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Author Topic:   The Two Budget Reconciliation Bills
Randall
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From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted December 30, 2024 07:04 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Remember, President Trump gets two, not one! The first will be easy and done quickly. It's going to be on immigration. The second one will renew the Trump individual tax cuts, lower the corporate rate, and add all of the new Trump cuts promised during his campaign. That includes something the Dems and blue cities and states fully support--bringing back the SALT deductions that were removed in the first tax cuts (State And Local Taxes).

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Randall
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Posts: 197704
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted December 31, 2024 03:16 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
President Trump will likely order the IRS to go ahead and exempt social security, tips, and overtime retroactively in anticipation of the new changes.

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Randall
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Posts: 197704
From: I hold a Juris Doctorate (J.D.) and a Legum Magister (LL.M.)!
Registered: Apr 2009

posted January 02, 2025 05:04 AM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
A Republican immigration bill will be the first legislative win for President Trump and will only require a simple majority.

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